Trump reports over $1.4 billion in income from crypto ventures
https://www.reuters.com/world/us/trump-reports-more-than-14-billion-income-crypto-ventures-2026-06-30/
Trump reports over $1.4 billion in income from crypto ventures
June
30 (Reuters) - U.S. President Donald Trump reported more than $1.4
billion in income from his family’s crypto ventures last year, showing
how Trump now derives most of his income from digital assets that have
benefited from his policies, according to a review of his latest
financial disclosures on Tuesday.
The
filings, his annual disclosure for 2025 with the U.S. Office of
Government Ethics, disclosed that his companies received almost $800
million from World Liberty Financial, a crypto venture he and his sons
co-founded. That income, which the president splits with family members,
included more than $520 million from sales of crypto tokens and more
than $250 million from the sale of interests in the World Liberty
business.
Trump reported another $635 million from the sale of his Trump meme coins.
The news underlines how crypto has transformed the president's fortunes. In his disclosure a year ago,
for example, the president reported $57.35 million from token sales at
World Liberty, which then leaped nine-fold in this year’s filing.
Reuters
recently estimated the Trump family has made at least $2.3 billion from
crypto-related projects since Trump returned to the White House in
2025.
On
taking office, Trump began to put in place policies and initiatives
that the industry saw as beneficial, from implementing federal rules
for stablecoins to dialing back policing of the industry by the U.S.
Justice Department and the Securities and Exchange Commission.
For
2025, the president also reported over $80 million in income from
settlements with various media companies and $52 million in income from
his company licensing his name to overseas property developers, driven
principally by deals with Middle Eastern partners.
White
House spokesperson Anna Kelly said in a statement, “Neither the
President nor his family has ever engaged — or will ever engage — in
conflicts of interest. President Trump proudly made the United States
the crypto capital of the world through executive actions.”
Kelly
added: “All actions by President Trump and his administration are taken
in the best interest of the American people – and any so-called
‘reporters’ pushing otherwise are recycling the same, tired, false
narrative that Democrats and the legacy media have been pushing for a
decade.”
While
the White House has previously said the president's business interests
are currently overseen by his children, the president remains the
beneficiary of the assets in the trust that ultimately receives the
income.
Republican
presidential nominee and former U.S. President Donald Trump speaks at
the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024.
REUTERS/Kevin Wurm Purchase Licensing Rights
NEW WEALTH DRIVEN BY CRYPTO
Although
crypto is by far the largest driver of income for Trump, his
traditional businesses — in particular golf courses and resorts —
continued to bring in millions.
Trump
reported a 15% rise in revenue at his golf and resort facilities to
just over $500 million in 2025. The strongest increases were at clubs
where the president has spent considerable time since his 2025
inauguration.
Revenue
at his Mar-a-Lago club in Florida, which Trump dubbed the Winter White
House, soared to $77 million from $50 million in 2024, while revenue at
his golf club in nearby West Palm Beach jumped 27%. Revenue fell at
Trump’s Los Angeles course last year.
Trump also secured a more than $50 million loan last year from Charles Schwab Bank, the filings showed. They did not say what the loan was for.
Trump hosted winners of his second annual meme coin contest
at Mar-a-Lago in April.
Trump’s income from his real estate interests – the business in which
he made his name – had less spectacular growth. He reported income from
a dozen significant commercial real estate ventures, mainly interests
in buildings he built or acquired decades ago. The filing doesn’t give
specific rent figures for properties like Trump Tower in New York but
rather income ranges. For most, the income range in 2025 was the same or
lower than Trump reported a decade prior.
A
spokesperson for the Trump family business, The Trump Organization,
said in a statement that "the breadth and depth of this filing further
underscores our commitment to transparency. At nearly 1,000 pages, it
represents one of the most comprehensive financial disclosure reports
ever submitted and demonstrates a level of financial transparency
unmatched in presidential history.”
A spokesperson for World Liberty Financial declined to comment.
Don
Fox, a former acting head of the federal ethics office, which oversees
ethics regulations for federal workers and reviews financial
disclosures, including Trump's, said presidents and vice presidents are
exempted from the ethics laws that prohibit conflicts of interest among
executive branch employees.
"Every
president in the post-Watergate era has managed his finances as though
he were subject to conflicts of interest," said Fox. "With Trump, those
norms are just totally out the window."
"He
makes the case better than anyone that it's time for additional ethics
reforms. I think in terms of legislation, one thing that could be done
would be to limit the types of investments he and the vice president
... can hold."
Additional reporting by Bhargav Acharya in Toronto and Bo Erickson and Douglas Gillison in Washington; editing by Michelle Nichols, Rod Nickel, Tom Lasseter and Cynthia Osterman
Our Standards: The Thomson Reuters Trust Principles.
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Horrific ? I'm not comfortable ? This is outrageous" These are the remarks from democrats ? I think they really need to be more forceful in their responses. trump is Nazi. His Ice Gestapo murdered two people on national television. They have put immigrant women, children and men in concentration camps and. just like Hitler trump is building a bunker. There are WAY to many parallels to what happened in Nazi Germany. This is fascism Period.
And started a Go Fund Me page…